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Re: pete807 post# 8

Wednesday, 11/30/2016 9:27:31 PM

Wednesday, November 30, 2016 9:27:31 PM

Post# of 353
Actually I approach it a little differently. Realizing that OPEC biggies hadn't talked down the prospect of failing to arrive at an agreed upon position, I piled more NGL and ALDW into the silos figuring at worst I'd lose a few bucks in the process. But---if anything good came of the meeting, I'd be far better off.

Geopolitics has long been a fascination for me. I love weighing possibilities while engaging issues of risk and probability. Domestic politics is not my bailiwick.

Today was quite the day although some of it will unwind over the next couple of trading days, it's to be expected and Fibonacci has nothing to do with it. It's called greed and lowering risk factors.

Still, tomorrow morning may surprise a bit but I'm fairly certain there'll be an unwinding of sorts by afternoon if not sooner.

AMZA---I'm holding 1,500 units and satisfied it will pay off in cap. appreciation for more convincingly than that near-20% payout. I'm barely ahead at this juncture but other picks have me in roses up to my ears so no complaints. CEQP and ALDW and NGL were stunners today, all three. CVRR did about as well as ALDW but for all the wrong reasons. Some ill informed or not very bright investors out there engaging in wishful thinking. Too bad.